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Sat, 04-08-2006, 07:24 PM
| #1 (permalink) |
| CRUSTY ON THE OUTSIDE !  Join Date: Mar 2005
Posts: 799
 | MP -- THE BESTEST, GREATEST INDICATOR OF THEM ALL ! Ha --- knew that would get you reading this ! But, i will deliver the greatest secret ever told about indicators ------ USE THE INDICATOR THAT WORKS ! so simple, and so overlooked ----- if youre lucky, a few indicators may work on your picked stock, but in my experience, ONE will always work beautifully, and you find it by simply backtesting (looking at a one year or 6 month chart and seeing WHICH indicator is ALWAYS right at predicting a stocks movement) and then make a note of it, so you always know in the future when you revisit the stock (for its secondary pop, next rally, etc) --- heck, with computers you can even make a small database of your stocks and find all your notes immediately ! Yes, there may actually be some whoop de do stocks where NO indicator ever seems correct, so leave the danged thing and go on to another --- if theres NO way to accurately predict what the stock is going to do, then just dont bother with it. Its not like there aint a few thousand more to pick from, each and every day ! Now the RSIWLR tends to average everything together in a very graphic and visual style that draws your eye right to what is happening, which may be why Im still using it after 3 years, but if you want to use the everyday indicators that appear on stockcharts, for example, simply find the one that works ---- I'm more than willing to betcha it works again ! enjoy, and trade well mp
__________________ Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! |
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Sat, 04-08-2006, 11:43 PM
| #2 (permalink) | |
| Realist,/Moderator!!!  Join Date: Dec 2005 Location: My feet!!!
Posts: 2,738
  | Great advise MP!!! Quote:
__________________ All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. Joseph Conrad, Use your own mind on what to buy and sell!! | |
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Sun, 04-09-2006, 05:25 PM
| #5 (permalink) | |
| CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005
Posts: 799
| MP -- RSIWLR Quote:
LOL the RSIWLR is NOT an indicator per se, but rather a method of using indicators that i came upon and described in total at - - - - - http://www.stockhideout.com/mike-par...ng-stocks.html which is obviously on the stockhideout site. Hey, we give you some good picks, but I give you the tools to trade well ! once there, take a look at a few of the other free tools i have made available and use constantly --- how else do you think i can call what a stock is going to do from minute to minute ? use them, and with practice, you can do it also ! trade well mp
__________________ Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! | |
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Sun, 04-09-2006, 05:33 PM
| #6 (permalink) | |
| CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005
Posts: 799
| MP -- other methods Quote:
so where did i say that i wasnt using my methods ? (LOL) strangely enough, there are people who DO NOT use the RSIWLR, and while I have nothing but the deepest regret, and will feel sorry for them to the end of my days, i figured i HAD to offer assistance to those less fortunate than the "enlightened" who do use the RSIWLR and so, with the reluctance that comes of age and experience, i reached into the compartment of "ancient" indicators and their useage, and produced this greatest secret of all times ! just because they have not converted to the RSIWLR, there is no reason to leave them suffering and distraught ! mp
__________________ Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! | |
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Sun, 04-09-2006, 06:38 PM
| #7 (permalink) |
| Member Join Date: Dec 2005
Posts: 87
| Ha. So compassionate mp. Of course by pointing out such a simple trading strategy, you are giving them a reason not to do their homework and learn the RSIWLR method. I thought the RSIWLR method was only a way of finding stocks that work well with your other trading method. Not true? Matt |
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Sun, 04-09-2006, 06:58 PM
| #8 (permalink) | |
| CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005
Posts: 799
| MP -- RSIWLR and things that go bump in the night ! Quote:
the RSIWLR is a simple, graphical interface indicator pak that identifies stocks coming off bottoms, ready for secondary pops, or just ready to rally ---- with pretty danged good results --- essentially, it fits any style of trading, long or short, although i originally used it for locating bottoms and reverses, which its excellent at ! It is a RESEARCH method (same as any other charts and indicators) and can be used with any trading method, although "mikeys method" (gotta change that name) goes a step further and confirms ANY movement by these stocks, or ANY stock you put into it ! so the simple answer is that the RSIWLR is a stand alone EOD or realtime stock ANALYZER, suitable for just about any method of trading one could throw at it, and "mikeys method" is a realtime, integrated trading PLATFORM, designed to identify moving stocks right out of the gate at 9:30 (or pre-market), using any method of picking you may choose, up to and including shakerzzzzzzz ! the beauty of "mikeys method" is that it will also tell you when to GET OUT of any stock move, ESPECIALLY if its shakerezzzzzzz ! they can be used together or they can be used apart, but neither depends on the other ! mp
__________________ Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! | |
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